One of the Major Advantages of a JIT System Is

question 80

Multiple Choice

One of the major advantages of a JIT system is that it

• A)helps identify sources of defects in outputs.
• B)ensures production lines have required inputs.
• C)lets organizations spot defective inputs quickly.
• D)eliminates inventory holding costs.

Understand insurable interest in goods-in-bailment contracts and how it is created.

Distinguish between negotiable and nonnegotiable documents in goods-in-bailment contracts and shipment contracts.

Assess the legal outcomes of used car transactions involving stolen vehicles and the concept of good title in the context of good-faith purchasing.

Understand concepts of insurable interest and its impact on various parties in a transaction.

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Definitions:

Bias Free

Communication or content that avoids unfair preferences or prejudices towards any particular group or individual.

Revising Phase

A stage in the writing or project development process where content is reviewed, and changes are made to improve clarity, effectiveness, or accuracy.

3-x-3 Writing Process

The 3-x-3 writing process is a methodological approach to writing that involves three main stages: planning, writing, and revising, aimed at improving the effectiveness and efficiency of written communication.

Indirect Strategy

A communication approach that presents supporting details before leading to the main message or conclusion, often used to soften the impact.